Fair Trade Commission (South Korea)

The Korea Fair Trade Commission (KFTC) is South Korea's regulatory authority for economic competition. It was established in 1981 within the Economic Planning Board. The establishing law was the Monopoly Regulation and Fair Trade Act (MRFTA), Law No. 3320, December 31, 1980. In 1994, the Fair Trade Commission and its secretariat were separated from the Economic Planning Board as an independent vice ministerial-level, central administrative organization. In 1996, the status of the KFTC Chairman was elevated from vice-ministerial to ministerial level.

Fair Trade Commission
공정거래위원회
公正去來委員會
Gongjeong Georae Wiwonhoe

FTC headquarters in Sejong
Agency overview
FormedDecember 23, 1994 (1994-12-23)
JurisdictionGovernment of South Korea
HeadquartersSejong, South Korea
Agency executive
  • Han Ki-jeong, Chairperson
Websiteftc.go.kr
Fair Trade Commission
Hangul
Hanja
Revised RomanizationGongjeong Georae Wiwonhoe
McCune–ReischauerKongjŏng Kŏrae Wiwŏnhoe
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